Venture Capital

Hedge Fund Meltdown: Elizabeth Warren Suggests Regulators Should've Seen It Coming | Newschannel 3-12

by keyt.com posted 5months ago 762 views
Senator Elizabeth Warren is calling out regulators after little-known hedge fund Archegos Capital Management was able to borrow so much money that its implosion last week sent shockwaves across Wall Street. “Regulators need to rely on more than luck to fend off risks to the financial system,” Warren, a Democrat from Massachusetts, said in a statement to CNN Business.